Author: Romil Sethi
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SteelMint: Raipur billet index falls INR 350/t despite rise in trade volumes – 15 Dec
SteelMint’s daily steel billet index is assessed at INR 42,200/tonne (t) (-INR 350) exw-Raipur on 15 Dec’21. About 4,170 t of transactions in billets were recorded by SteelMint today against 3,670 t on 14 Dec. The index moved down due to weak finished steel demand resulting in lower bids for billet. In addition, with dimished…